Yoiu really don't need to look to get into trades related to news within the first few seconds or even the first few minutes. Look at the last CPI report: Everyone expected markets to tank (risk off, short euro/gbp/etc) with a higher than expected ...

News trading discussion - continuation

Risk on/risk off works well with other currencies besides EUR/USD. The Pound, Kiwi and Aussie also work the same way. When markets are risk on, basically everything priced in dollars that isn't a haven when things are bad (gold, treasuries, Yen) go ...

Looking For Risk On Or Risk Off Really Worked Well On Feb 14th

There's only one thing which can alter my overall bullish opinions on stocks and oil and bearish opinion on the dollar: The Fed. Let's go back to when the financial crisis was still relatively young-the summer of 2007. By then, we had already seen ...

EUR/USD Target 1.40

After seeing Brent crude bottom just under $68, while the S&P was down a bit over 1%, traders started buy both and the dollar pulled back form the gains it had made. Right now, if you're overall bullish on stocks, oil and inflation, which I ...

EUR/USD Target 1.40

So if we look at the dollar's reaction to the NFP, we can see why everything works like a currency pair. As the dollar got stronger, 'pairs' like OIL/USD and STOCKS/USD went down on the charts (the dollar gained while stocks and oil fell.) When you ...

EUR/USD Target 1.40

Euro target 1.40 is alive and intact, especially with the Fed saying this week they expect inflation to quicken. Aside from further strengthening the bond bear market, that kind of language implies the value of the dollar will be decreasing because ...

EUR/USD Target 1.40

Post #2333

Simple and profitable trading style

I look at everything the same way I look currency pairs. When one side is appreciating it means the other side is depreciating. So it makes sense to view increases in stocks and energy prices as the dollar depreciating against those markets. ...

EUR/USD Target 1.40

That was quite a head and shoulders set up!

Simple and profitable trading style

I really do believe in the new normal correlation: More QE = stronger currency

EUR/USD Target 1.40

You could be right. I got long again at 1.2430. With all the discussion about how Dragi might do a repeat of September, he basically did the exact opposite.

EUR/USD Target 1.40

Right, no more front-running lol

Is anyone here an institutional trader?

Not long euro/usd at the moment due to the risk of the ECB making a comment along the lines of 'a stronger euro will dampen our inflation expectations.' While that's likely to cause the euro to back off a bit, the upwards momentum should maintain. ...

EUR/USD Target 1.40

My best trump trade was going long on USD/CAD. Every time something came out regarding his moves against NAFTA, the loonie would go into freefall. Thanks, trump, now drop dead. Please.

I'm Abandoning Currency Trading To Trade Bitcoin Futures

Today was probably my best day of trading. With Flynn pleading guilty and then reports saying he would testify against trump (whom I viscerally despise), along with all the talk regarding the republican's pathetic joke of a tax plan, I decided to ...

I'm Abandoning Currency Trading To Trade Bitcoin Futures